Investor's Opinion

Portfolio Update: Two Transactions

Published: 2013-04-16 21:39:00 EDT by Unknown

April is half over and I've neglected to mention my activity so far. Shame on me. Now I'm going to rectify that.

On April 4th, I STC my entire position in VZ. I originally had two telephone communication companies in my portfolio. But after much consideration, I no longer saw the need to have two telep-co stocks in my portfolio. I chose to keep T and let go of VZ since T had a slightly better yield.

On April 9th, I BTO more of ETP. My reasons for buying more of this one over any other were that it was approaching it's ex-dividend date  for the second phase payouts, and the yield was the highest of all the  second phase stocks in my portfolio.

Those are my reasons for my actions so far this month. If you would like to question it, please do. But in keeping with my moto, which could be the reason I don't get any activity, that is my opinion, you can take it or leave it.
Disclaimer: See bottom of page.

BTO - bought-to-open/buy-to-open
ETP - Energy Transfer Partners, LP
STC - sold-to-close/sell-to-close
T - AT&T
VZ - Verizon Communications

Labels: stock picks, stock strategies

Updated: 2013-04-16 21:41:49 EDT